Page 61 - UNIFONIC PR REPORT - April 2025
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4/16/25, 1:47 PM Latest News
landscape,” said Abdullah Allahuo, Co-Founder and CEO of Sadq. “It enables us to enhance our technology,
forge strategic partnerships, and attract top-tier talent — reinforcing our position as a key provider of secure
and legally recognized digital signature solutions. Obtaining the DGA license was a turning point, significantly
increasing the credibility of our platform and elevating the legal weight of digitally signed documents,
especially under Article 58 of the Saudi Evidence Law.”
Ayman Hamdan, Founding Partner of X by Unifonic Fund, added: “Sadq is uniquely positioned to lead the
digital trust ecosystem in Saudi Arabia. The company holds tremendous potential to transform the way digital
authentication and signatures are managed. Through this funding round, we are proud to support Sadq’s
journey as it scales its service offerings, strengthens its market presence, and innovates across the digital
trust space. As a fund, we are deeply committed to driving digital transformation by backing B2B SaaS
companies that deliver mission-critical solutions for evolving markets.”
Salem Al-Badawi, Co-Founder and CTO of Sadq, said: “We’re proud of how far we’ve come. This new
funding will allow us to further strengthen our robust, multi-layered technical infrastructure, enabling us to
scale with agility and respond efficiently to growing demand. We’ve also integrated advanced auto-scaling
systems, portable and consistent deployment environments, and global-grade security protocols — all of
which ensure our platform is resilient, reliable, and secure against cyber threats. Our partnership with
Unifonic will help us continue expanding our service portfolio in the digital authentication space.”
Ahmed Hamdan, CEO and Co-Founder of Unifonic, noted: “This strategic investment reinforces the role of
both Sadq and Unifonic in shaping the Kingdom’s emerging digital trust and identity ecosystem. Through our
close collaboration, we aim to drive innovation and set new standards for secure digital transactions across
all sectors in Saudi Arabia.”
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